Increasing unusual put option volume: BMRN HEXO
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BioMarin Pharmaceutical Inc. (BMRN) PT Lowered to $120 at Baird; Sees at Least a 2-Year Valrox Delay Following CRL
August 19, 2020 11:30 AM EDTBaird analyst Michael Ulz lowered the price target on BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) to $120.00 (from $140.00) while maintaining an Outperform rating after the company announced a CRL on Valrox.
The analyst commented, "Overall, we view the update as disappointing and assume at least a two-year delay in time-line."
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